L'O DE SOURCE
ActiveThe computed 12-month bankruptcy probability of L'O DE SOURCE is 1.5% (moderate). The 2025 annual accounts show equity of €100k and a net result of €11k. Equity is growing by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 35% of 13071 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability54▲+16
Solvency9▲+1
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.36 against 0.34 in 2024), and 86.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
13.2%
Return on assets
1.4%
Age of the figures
11 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 18-12-2025, 133 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
133 d early
2024
134 d early
2023
133 d early
2022
136 d early
2021
131 d early
2020
133 d early
2019
133 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€11k▲ 57.0%
2024 · €7k
2018: €9k
2019: €10k
2020: €-12k
2021: €18k
2022: €20k
2023: €4k
2024: €7k
2018 → 2025
Working capital
€-84k▲ 0.5%
2024 · €-84k
2018: €-3k
2019: €13k
2020: €-34k
2021: €-25k
2022: €-59k
2023: €-83k
2024: €-84k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€59k-€79k▲ 34.5%€83k▲ 4.8%€90k▲ 8.3%€100k▲ 12.1%
Operating result€38k-€43k▲ 11.6%€27k▼ 36.9%€32k▲ 18.1%€37k▲ 14.8%
Net result€18k-€20k▲ 13.4%€4k▼ 81.3%€7k▲ 82.0%€11k▲ 57.0%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 15% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €761k
Fixed assets
€715k▼ 3.1%
Current assets
€46k▲ 6.8%
Equity and liabilities €761k
Equity
€100k▲ 12.1%
Debt
€661k▼ 4.4%
The debt ratio falls from 88.5% to 86.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€88k▲
2024 · €82k
Cash flow
€62k▲
2024 · €57k
Solvency
13.2%▲
2024 · 11.5%
Current ratio
0.36▲
2024 · 0.34
Quick ratio
0.29▲
2024 · 0.25
Debt / equity
6.57▼
2024 · 7.71
ROE
10.8%▲
2024 · 7.7%
ROA
1.4%▲
2024 · 0.9%
Interest coverage
3.65▲
2024 · 3.34
Debt
€661k▼
2024 · €691k
Debt ≤ 1 year
€130k▲
2024 · €128k
Debt > 1 year
€530k▼
2024 · €560k
Income taxes
€2k▲
2024 · €829
Staff costs
€31k▲
2024 · €29k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€781k€761k▼
Fixed assets21/28€737k€715k▼
Tangible fixed assets22/27€737k€715k▼
Land and buildings22€589k€563k▼
Plant, machinery and equipment23€141k€144k▲
Furniture and vehicles24€7k€7k▼
Current assets29/58€43k€46k▲
Stocks and contracts in progress3€11k€9k▼
Stocks30/36€11k€9k▼
Amounts receivable within one year40/41€3k€1k▼
Trade receivables40€600€200▼
Other amounts receivable41€3k€863▼
Cash at bank and in hand54/58€26k€34k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€781k€761k▼
Equity10/15€90k€100k▲
Contributions10/11€20k€20k=
Reserves13€60k€71k▲
Distributable reserves133€60k€71k▲
Profit (loss) carried forward14€9k€9k▲
Amounts payable17/49€691k€661k▼
Amounts payable after more than one year17€560k€530k▼
Financial debts170/4€560k€530k▼
Amounts payable within one year42/48€128k€130k▲
Current portion of amounts payable after more than one year42€30k€30k▼
Trade debts44€8k€10k▲
Suppliers440/4€8k€10k▲
Advances received on contracts in progress46€1k€3k▲
Taxes, remuneration and social security45€4k€4k▲
Taxes450/3€3k€4k▲
Remuneration and social security454/9€2k€0▼
Other amounts payable47/48€84k€83k▼
Accrued charges and deferred income492/3€3k€0▼
Income statement
Code20242025
Non-recurring operating income76A-€585
Remuneration, social security and pensions62€29k€31k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50k€52k▲
Other operating charges640/8€4k€4k▲
Gross operating margin9900€115k€123k▲
Operating profit (loss)9901€32k€37k▲
Financial income75/76B€377€377=
Recurring financial income75€377€377=
Financial charges65/66B€25k€24k▼
Recurring financial charges65€25k€24k▼
Profit (loss) for the period before taxes9903€8k€13k▲
Income taxes67/77€829€2k▲
Profit (loss) for the period9904€7k€11k▲
Profit (loss) for the period to be appropriated9905€7k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€16k€20k▲
Profit (loss) brought forward from the previous period14P€9k€9k▲
Transfer to equity691/2€7k€11k▲
To other reserves6921€7k€11k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
18-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-09
Financial
Equity above €100kEq €100k ▲12.1%
5 profitable years in a row build equity to €100k.
2024
17-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
19-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
15-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-09
Financial
Highest result since 2018net €20k ▲13.4%
Operating result €43k, net result €20k, both a record.
2021
20-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-09
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
2020
18-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
30-09
Financial
Weakest financial yearnet €-12k ▼226%
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
2019
19-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
18-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
22-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
19-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Jalhay · 1 establishment unit since 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Station(SART) 324845 JalhayGround area
4,298 m²
Building footprint
296 m²
Volume, LiDAR
2,232 m³
Parcel 63068B3107/00B000, Wallonia · tallest building 14.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
L'O DE SOURCE
since 20132.218.372.281
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63068B3107/00B000 | Wallonia | 4,298 m² | 1 · 296 m² | 14.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteJalhay2.218.372.281
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Of 20,231 companies in sector 56111 we hold annual accounts for 11,313. 9,457 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-03-2013
Fiscal year end30-09
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56210Event catering
56301Cafés and bars
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.